Celsius Holdings Inc. (CELH) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Celsius Holdings Inc. (CELH) closed the most recent trading day at $27.30, moving +1.6% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.83%. Meanwhile, the Dow gained 1.65%, and the Nasdaq, a tech-heavy index, added 2.45%.Heading into today, shares of the company had lost 8.11% over the past month, lagging the Consumer Staples sector's loss of 7.07% and the S&P 500's loss of 3.31% in that time.Analysts and investors alike will be keeping a close eye on the performance of Celsius Holdings Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.12, signifying a 29.41% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $332.7 million, reflecting a 4.24% fall from the equivalent quarter last year.Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.85% lower. Celsius Holdings Inc. is currently sporting a Zacks Rank of #4 (Sell).Digging into valuation, Celsius Holdings Inc. currently has a Forward P/E ratio of 29.33. For comparison, its industry has an average Forward P/E of 16.34, which means Celsius Holdings Inc. is trading at a premium to the group.We can also see that CELH currently has a PEG ratio of 2.95. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 2.67 as of yesterday's close.The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 25% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Celsius Holdings Inc. (CELH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks